Belgium freezes Russian assets worth EUR 58 billion

28 February, 11:51 AM
Belgium has frozen a large part of Russian assets (Photo:REUTERS/Dado Ruvic)

Belgium has frozen a large part of Russian assets (Photo:REUTERS/Dado Ruvic)

Belgium has frozen Russian assets worth EUR 58 billion, Belgian Finance Minister Vincent Van Peteghem said in a statement on Feb. 24.

According to the statement, the country also froze EUR 191 billion of Russian financial transactions, which makes it the leader in the total volume of frozen assets in the European Union.

“In total, these measures apply to 1,789 Russian companies and citizens included in the sanctions list,” reads the report.

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Belgium has also intensified customs checks on Russia and Belarus: a total of 91,020 declarations were checked regarding the two states, and 7,925 containers were physically inspected.

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